The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for CarGurus, Inc. is $37.81, about 3.8% above its Aug. 5 closing price of $36.41
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
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